2022 Q4 Big Bank Earnings' Summary

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Bank of America

Bank of America announced earnings of $0.85 per share, up 3.6% year-over-year from earnings of $0.82 per share in the same quarter of last year. Analysts expected earnings of $0.77 per share, so Bank of America posted a 10.4% earnings surprise. Revenue rose 11% year-over-year to $24.5 billion, up from $22.1 billion a year ago and slightly above analysts